when can you rent out a hud home?

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when can you rent out a hud home?

2006-12-12 01:04:13 · 2 answers · asked by hazeleyes31690 1 in Business & Finance ➔ Renting & Real Estate

2 answers

If you bought a HUD foreclosure, bidding as an "owner occupant", then you cannot rent it out until you've lived there twelve months.

If you bought the house, and you bid as an "investor", then you may sign a lease the day of closing.

2006-12-14 07:47:23 · answer #1 · answered by teran_realtor 7 · 0⤊ 0⤋

No, it's supposed to go to a needy person.

2006-12-12 01:12:10 · answer #2 · answered by hawkthree 6 · 0⤊ 0⤋